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Public transportation

The system, the benefits, the accessibility, the potential

Structure abstraite
Station de métro parisien
Quitter la station de métro
Architecture décorative

Whether you are a buyer - for yourself or as an investment, for rental or resale purposes - a seller, or a tenant, considering a location near public transport has several advantages:

  1. Accessibility: You have easy and quick access to various means of transportation, which can reduce travel time and the stress of daily commuting.

  2. Economy: Living near public transportation can reduce the costs of running a car, such as gas, maintenance, and parking.

  3. Real Estate Value: Properties located near public transportation tend to maintain or increase in value over time, as they are often more sought-after.

  4. Environment: Using public transport helps reduce your carbon footprint, which is good for the environment.

  5. Amenities: Areas close to public transportation are often well served by other amenities like shops, restaurants, and utilities.

It's not without reason that the majority of promoters and developers seek out, invest in, and secure the best locations near metro, REM, or EXO station development projects. There are also statistics on properties purchased or rented near public transit. According to data from the Quebec Land Registry, property sales in areas well served by public transit tend to increase.

Travailler sur le train

1

Jobs (28,322 created)

Public transit networks, such as the STM, REM, and EXO, generate thousands of direct and indirect jobs. For example, in 2023, the activities of public transit networks in Quebec supported more than 28,000 jobs .


These jobs include not only operational and maintenance personnel, but also positions in construction, engineering and related services.

2

Contribution to GDP

Public transit spending makes a significant contribution to Quebec's gross domestic product (GDP). In 2022, this contribution was estimated at $3.8 billion for Quebec.

 

Investments in public transport infrastructure also stimulate the local economy by attracting businesses and shops around stations.

3

On real estate

Proximity to public transit stations increases the value of residential and commercial properties. Real estate investors often see an increase in demand for properties located near metro, REM, or commuter train stations .

Public transport projects encourage urban development and densification, which can attract additional investment in local infrastructure and services .

Feuilles vertes

THREE COMPLEMENTARY SYSTEMS

Personne dans le métro
Clavier d'ordinateur

To Consider

  1. Proximity to amenities : Buyers and renters want locations close to schools, supermarkets, hospitals, and parks. This makes daily life more convenient.

  2. Growth Potential: Investing in developing areas can be beneficial. Look for infrastructure projects or urban development plans that could increase your property's value in the long term.

  3. Environment : Public authorities and developers consider air quality, noise levels, and the presence of green spaces to ensure a pleasant environment and improve quality of life.

  4. Safety : They also ensure that these neighborhoods enjoy low crime rates.

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Network map

Are you considering moving, renting, selling or buying within walking distance of one of these networks?

iResidence.ca has created pages for this purpose, where you'll find 100% of all properties available within 1.5 km of each of these resorts. Simply select the resort of your choice, click, and the list of listings will be sent to your inbox.

Find your property for sale or rent near:


| METRO STATION | REM STATION | EXO TRAIN STATION |

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